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I would prefer my retirement savings are not wiped out.

• vkou 7y ago
  I would prefer my savings to not be inflated away to preserve the valuations of the zombie businesses in your retirement portfolio... But the fed seems to disagree with me in this, and will prop both those businesses, and their valuations up with a firehouse of money. At the expense of everyone who owns USD, of course.
• DanTheManPR 7y ago
  I would prefer not to be homeless and starving.
• downerending 7y ago
  This is an important point, and we need to realize that it's not just the rich guys (e.g., most of you) that will be hurt--most holders of retirement savings accounts are not rich. I've personally had my net worth zeroed (in a bad divorce). The effects are quite life-changing, and I think many would not survive it. If nothing else, you begin to wonder why--if it can all be so easily lost--you should bother to work at all. I do think the government "stay alive" payments are critical, and it looks like a lot more will be needed. But this is a very complex problem, and I distrust anyone who waves it away with a "simple" solution.
  • Ericson2314 7y ago
    Rather than making every American a wannabe financier, we should actually have a real safety net.
    • deleted 7y ago
      [deleted]